AUSTIN, TX, Sept. 21, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FWDI) (the “Company” or “Forward”), the leading Solana treasury company, today provided an update on its SOL treasury holdings.

From August 4, 2026 to September 20, 2026, Forward added approximately 357,000 SOL and SOL equivalents through purchases and staking rewards. As of September 21, 2026, the Company held approximately 8.16 Million SOL and SOL equivalents, representing approximately 1.39% of Solana’s circulating supply.

(1) Includes SOL acquired through purchases and SOL earned through staking rewards.

(2) Reflects purchased SOL and SOL earned through staking. Average Cost calculation ascribes no cash cost to SOL earned through staking.

(3) SOL Holdings includes SOL, fwdSOL, pledged SOL, and SOL equivalents. Holdings figures are preliminary and unaudited.

About Forward Industries, Inc.

Forward Industries, Inc. (NASDAQ: FWDI) is a Solana focused digital asset treasury company, with the strategy to buy, hold, stake, trade, invest in, and grow SOL and SOL related digital assets, protocols and businesses. Forward’s mission is to expand and strengthen the Solana ecosystem by acquiring and staking SOL and engaging with, providing tools to and investing in the Solana network, Solana developers and Solana related projects in order to increase shareholder value. For more information on the Company’s Solana treasury strategy, visit www.forwardindustries.com.

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements can generally be identified by words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate” and similar expressions. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including the highly volatile nature of the price of SOL and other digital assets, changes in market, regulatory and business conditions, and the risks identified in the Company’s filings with the Securities and Exchange Commission. The forward-looking statements in this press release speak only as of the date of this document, and the Company undertakes no obligation to update or revise them.

Contacts
Media Contact: comms@forwardindustries.com
Investor Relations Contact: Sean Mansouri, CFA / Aaron D’Souza, Elevate IR, (720) 330-2829, ir@forwardindustries.com